<< true tulipmania ... commenced in the 1636-37 season, when "the trade had lost all relation with any physical object,">>
Never new Dell stock bot on margin, or call options were "real physical object".
PS. As a lawyer you might want to learn to stay on the subject of discussion at hand, which was <<tulipmania, like other real bubbles, had a frenzied quality that bidding up the prices of Dell, Intel, and so on, lacked>>. Er, never mind, it's not required in the profession. -g-
Specifically: what makes you say that bidding up price of Dell stock has any less frenzied quality than bidding up price of tulips? |